Celebrating The Magic Number

Register now

GREEN BAY, Wis. - (06/12/06) – Whether it’s $100 millionor 100%: the centenary figure was magic for members of PCMEmployees CU last month. The 48-year-old credit union celebratedthe $100 million milestone with a special promotion–a CD thatpay a 100% annual percentage rate More than 1,000 members invested$1,000 in a ‘Happy Hundred Certificate’. Themagic-marker pays $100 interest in 36 days–the equivalent of100% APR. The credit union’s 7,000 members were also invitedto play a lottery to win a vacation getaway, a gift basket, atravel bag or a gift--and every member was a winner.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER